{"id":1454,"date":"2024-04-23T10:21:27","date_gmt":"2024-04-23T10:21:27","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1454"},"modified":"2026-03-02T19:25:44","modified_gmt":"2026-03-02T19:25:44","slug":"how-do-you-make-important-investment-and-financial-decisions","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/how-do-you-make-important-investment-and-financial-decisions\/","title":{"rendered":"How do you make important investment and financial decisions?"},"content":{"rendered":"\n<p>This is a broad topic but here are 5 guidelines:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>How much do i save out of my income?<\/li><li>How do i invest the saving, in smart instruments<\/li><li>How much expense do i pay in fees, transaction charges, commissions etc on the investments.<\/li><li>Is the person advising me, having a fiduciary interest in my success? That is he has no incentive in proposing investments not in my interest (but can make commission for him).<\/li><li>Will the decision help me reach my goals and financial freedom. This requires preferring delayed gratification vs instant gratification.<\/li><\/ol>\n\n\n<!-- mw-cta-block -->\n\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n  <p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n  <h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">What Is Your FIRE Number?<\/h3>\n  <p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">Financial Independence isn&#8217;t just for the ultra-wealthy \u2014 it&#8217;s a calculation. Our FIRE calculator shows you the exact corpus you need and the monthly savings required to get there, at any target age.<\/p>\n  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/fire\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Calculate My FIRE Number \u2192<\/a>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>This is a broad topic but here are 5 guidelines: How much do i save out of my income? How do i invest the saving, in smart instruments How much expense do i pay in fees, transaction charges, commissions etc on the investments. Is the person advising me, having a fiduciary interest in my success?&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/how-do-you-make-important-investment-and-financial-decisions\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How do you make important investment and financial decisions?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138,26],"tags":[],"class_list":["post-1454","post","type-post","status-publish","format-standard","hentry","category-behavioural-investing-investments","category-investments"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1454"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1454\/revisions"}],"predecessor-version":[{"id":3500,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1454\/revisions\/3500"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}